Silverline Technologies to restructure debt programme

Mumbai, Apr 24 (UNI) Silverline Technologies Ltd at its 13th Annual General Meeting (AGM) of the company held last Friday have decided to adopt the accounts for the financial year 2004-05 along with the adoption of all resolutions.

Informing the BSE, the company said the management presented the restructuring plan and its progress undertaken by First call India Equity Advisors Pvt Ltd. Shareholders welcomed the restructuring undertaken by the company.

The management also informed shareholders about debt-restructuring plan, which the company has undertaken. The companys focus currently is in the software development and consultancy services and in addition will be going forward in the areas of ITES, Technology Help Desk Practices and IT Outsourcing Opportunities as has been presented in the AGM.

UNI SN KU SKB1850